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Interview

John van Zuylen, CEO, African Solar Industry Association: Interview
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Interview:John van Zuylen What is the investment potential for solar energy projects in Côte d’Ivoire? JOHN VAN ZUYLEN: Côte d’Ivoire currently produces roughly two-thirds of its electricity from fossil fuels, and the remainder comes from hydropower. Solar energy currently represents a very small fraction of the energy mix: there are no large-scale projects connecting solar electricity…
Interview

Massogbé Touré, Group Director, Société Ivoirienne de Traitement d’Anacarde: Interview
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Interview:Massogbé Touré How will the African Continental Free Trade Area (AfCFTA) boost agricultural trade within the region? MASSOGBÉ TOURÉ: All stakeholders involved in cashew nut production are aware that the AfCFTA agreement was primarily established to enhance trade among African countries and increase farmers’ income. An increase in trade and exports of agricultural products within…
Viewpoint

President Alassane Dramane Ouattara: Viewpoint
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Viewpoint:President Alassane Dramane Ouattara Peace and stability were consolidated in 2021, with the first inclusive legislative elections in Côte d’Ivoire in 20 years. On the security front, defence and security forces have been mobilised to counter all issues at a time when terrorism constitutes a threat both within our borders and throughout the subregion. We will continue to strengthen…
Viewpoint

Solange Amichia, Managing Director, Investment Promotion Agency of Côte d’Ivoire (Centre de Promotion des Investissements en Côte d’Ivoire, CEPICI): Viewpoint
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Viewpoint:Solange Amichia Côte d’Ivoire made significant strides towards improving the business climate between 2011 and 2020. These efforts have contributed to economic development, resulted in the mobilisation of CFA5trn ($8.6bn) in private investment and created 58,000 jobs over that timeframe. Considering the global economic context and the disruptions resulting from the Covid-19 pandemic,…
Analysis

How Côte d’Ivoire is strengthening regional and global ties

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Côte d’Ivoire is exploring new friendships, in addition to its traditionally close alignment with France and the West. While the years of conflict chipped away at the country’s regional influence and international diplomatic ties, today Côte d’Ivoire is a crucial member of the regional security infrastructure, notably in opposing the threat of extremism in the Sahel. French Connection In…
Analysis

How is bilateral trade with Africa offsetting a drop in Chinese investment

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Despite global supply chain challenges, the value of trade between China and Africa rose to record levels in 2021. The increase partially reflected a shift in China’s policy away from government-backed investment towards enhanced trade and cooperation. According to the Chinese Customs Agency, the value of the country’s trade with Africa rose by 35% to $254bn that year, driven by an increase in…
Analysis

Remittance-focused start-ups expand in emerging markets

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Financial technology (fintech) firms are gaining market share that was formerly the preserve of established remittance service providers. Remittances have grown in importance in recent years and today constitute the largest source of foreign income for many developing economies. They also tend to be countercyclical, increasing during economic downturns or natural disasters when other capital flows…
Analysis

How is Côte d’Ivoire targeting sustainable economic transformation

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The National Development Plan (Plan National de Développement, PND) 2012-15, the first of three in recent history, was successful in stabilising and reviving the economy in an environment of restored peace. Both in planning and implementation, the PND 2012-15 constituted the backbone of the recovery and growth of the economy, supported by the country’s development partners. This helped Côte d’Ivoire…

Analysis

How do new maturities on bonds finance UEMOA states

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Economic activity in UEMOA strengthened in 2021, resulting in 6.1% estimated growth in GDP after a sharp slowdown in 2020 due to the effects of the Covid-19 pandemic. Economic stimulus measures implemented by member states and the accommodative monetary policy maintained by the Central Bank of West African States (Banque Centrale des Etats de l’Afrique de l’Ouest, BCEAO) were the primary drivers…
Analysis

How is the BRVM driving economic growth in Côte d’Ivoire

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The Bourse Régionale des Valeurs Mobilières (BRVM) of UEMOA, which includes Benin, Burkina Faso, Côte d’Ivoire, Guinea Bissau, Mali, Niger, Senegal and Togo, began its activities in 1998 with 35 listed shares. The exchange has since grown considerably – by the end of 2021 it had 46 securities, 35 of which were issued by Ivorian companies; and 123 bond lines, 94 of which were listed on the bond…